Midterm Flashcards
A temporary endeavor undertaken to create a unique product, service, or result.
Project
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
Project Management
The person responsible for working with the project sponsor, the project team, and the other people involved to meet project goals.
Project Manager
The person who provides the direction and funding for a project.
Project Sponsor
People involved in or affected by project activities.
Stakeholders
Balancing scope, time, and cost goal.
Triple Constraint
A significant event that normally has no duration on a project; serves as a marker to help in identifying necessary activities, setting schedule goals, and monitoring progress.
Milestone
The processes involved in defining and controlling what work is or is not included in a project.
Project Scope Management
The processes required to ensure timely completion of a project.
Project Time Management
The processes required to ensure that the project is completed within the approved budget.
Project Cost Management
How the project’s scope and requirements will be managed.
Planning Scope
Defining and documenting the features and functions of the products produced during the project as well as the processes used for creating them.
Collecting Requirements
Reviewing the project charter, requirements documents, and organizational process assets to create a scope statement.
Defining Scope
Subdividing the major project deliverables into smaller, more manageable components.
Creating the WBS
Formalizing acceptance of the project deliverables.
Validating Scope
Controlling changes to project scope throughout the life of the project.
Controlling Scope
Determining the policies, procedures, and documentation that will be used for planning, executing, and controlling the project schedule.
Planning Schedule Management
Identifying the specific activities that the project team members and stakeholders must perform to produce the project deliverables.
Defining Activities
Identifying and documenting the relationships between project activities.
Sequencing Activities
Estimating how many resources a project team should use to perform project activities.
Estimating Activity Resources
Estimating the number of work periods that are needed to complete individual activities.
Estimating Activity Durations
Analyzing activity sequences, activity resource estimates, and activity duration estimates to create the project schedule.
Developing the Schedule
Controlling and managing changes to the project schedule.
Controlling the Schedule
What are the 7 Project Time Management Processes?
Planning Schedule Management, Defining Activities, Sequencing Activities, Estimating Activity Resources, Estimating Activity Durations, Developing the Schedule, Controlling the Schedule
Determining the policies, procedures, and documentation that will be used for planning, executing, and controlling project cost.
Planning Cost Management
Developing an approximation or estimate of the costs of the resources needed to complete a project.
Estimating Cost
Allocating the overall cost estimate to individual work items to establish a baseline for measuring performance.
Determining the Budget
Controlling changes to the project budget
Controlling Costs
What are the 4 Project Cost Management Processes?
Planning Cost Management, Estimating Costs, Determining the Budget, Controlling Costs
Identifying and documenting project roles, responsibilities, and reporting relationships.
Planning Human Resource Management
Getting the needed personnel assigned to and working on the project.
Acquiring the Project Team
Building individual and group skills to enhance project performance.
Developing the Project Team
tracking team member performance, motivating team members, providing timely feedback, resolving issues and conflicts, and coordinating changes to help enhance project performance.
Managing the Project Team
What are the 4 processes involved in Human Resource Management?
Planning Human Resource Management, Acquiring the Project Team, Developing the Project Team, Managing the Project Team
Identifying everyone involved in the project or affected by it, and determining the best ways to manage relationships with them.
Identifying Stakeholders
Determining strategies to effectively engage stakeholders.
Planning Stakeholder Management
Communicating and working with project stakeholders to satisfy their needs and expectations, resolving issues, and fostering engagement in project decisions and activities.
Managing Stakeholder Engagement
Monitoring stakeholder relationships and adjusting plans and strategies for engaging stakeholders as needed.
Controlling Stakeholder Engagement
What are the 4 processes involved in Stakeholder Management
Identifying Stakeholders, Planning Stakeholder Management, Managing Stakeholder Management, Controlling Stakeholder Engagement
